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Which of the following statements are true:I.

Which of the following statements are true:

I. The three pillars under Basel II are market risk, credit risk and operational risk.

II. Basel II is an improvement over Basel I byincreasing the risk sensitivity of the minimum capital requirements.

III. Basel II encourages disclosure of capital levels and risks

A.

III only

B.

I only

C.

I and II

D.

II and III

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